Canada Spending $307M to Buy New Army Rifles From Colt

Secretary of State (Defence Procurement) Stephen Fuhr speaks during an announcement at the National Research Council Flight Research Lab in Ottawa, on Monday, March 9, 2026. THE CANADIAN PRESS/Justin Tang

The federal government is buying 30,000 made-in-Canada assault rifles for the Canadian Army from Colt Canada in a $307 million procurement deal.

That sum covers just the first three years of the contract, after which the federal government has the option of acquiring another 35,000 rifles.